VeriSign Officer Files Form 144 for Routine Sale of 500 Shares ($146.6K)
VERISIGN INC/CA
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Filing Summary
Form 144 Notice of Proposed Sale of Securities Issuer: VeriSign, Inc. ($VRSN) Insider: Thomas C Indelicarto (Officer) Shares to Sell: 500 Common Shares Aggregate Market Value: $146,570.00 (~$293.14/share) Broker: Morgan Stanley Smith Barney LLC Plan Details: Rule 10b5-1 plan adopted March 3, 2026 Significance: Low (Routine scheduled sale)
Comprehensive Analysis
Overview
On October 8, 2026, Thomas C Indelicarto, an officer of VeriSign, Inc. (NASDAQ: VRSN), filed Form 144 indicating a proposed sale of 500 shares of common stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the shares is estimated at $146,570.00 (~$293.14 per share).
Key Transaction Details
- Security: Common Stock
- Proposed Sale Date: October 8, 2026
- Shares Proposed for Sale: 500 shares
- Estimated Gross Proceeds: $146,570.00
- Acquisition Origin: The shares were acquired on February 15, 2024, directly from the issuer as performance shares.
- Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on March 3, 2026.
Historical Pattern & Market Significance
- Trading Significance: Low.
- Indelicarto has engaged in regular, programmatic sales of exactly 500 shares on roughly a bi-weekly to monthly cadence (with sales recorded on 07/20, 08/03, 08/10, 09/01, 09/08, and 10/01 of 2026).
- With 90.3 million shares outstanding, this 500-share transaction represents a microscopic fraction of the company's total float and represents routine portfolio management under a pre-established plan rather than discretionary sentiment on the stock.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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